CRUDE WRAP: WTI (H6) SETTLES USD 1.93 HIGHER AT USD 65.14/BBL; BRENT (H6) SETTLES USD 2.13 HIGHER AT USD 69.46/BBL
The increase in WTI and Brent crude prices suggests a positive shift in market sentiment, likely fueled by geopolitical tensions and demand dynamics.
The US Labor Department plans to release the weekly jobless claims report tomorrow as scheduled
Iran's Foreign Minister Araqchi to clarify Tehran's position on US talks in Oman, Iranian state media reports; US-Iran talks are expected on Friday in Oman
CRUDE WRAP: WTI (H6) SETTLES USD 1.93 HIGHER AT USD 65.14/BBL; BRENT (H6) SETTLES USD 2.13 HIGHER AT USD 69.46/BBL
US President Trump says warned the Iranians about building a new nuclear facility, Al Jazeera reports
US President Trump says Iran's Supreme Leader should be very worried now
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This uptick could signal stronger inflationary pressures and may influence central bank policies moving forward, particularly in energy-dependent economies.
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